Intel
American multinational technology company
Follow Intel on Notably News to receive short updates to your email — rarely!
2024 | Intel experiences a critical financial year with revenue declining to $53.1 billion and a substantial net loss of $19.2 billion, employee count reduced to 109,000. |
2024 | Intel established sponsorship deals with Riot Games for US$5 million annually and with JD Gaming for US$3.3 million. |
December 1 2024 | CEO Pat Gelsinger was ousted following a board meeting, with David Zinsner and Michelle Johnston Holthaus appointed as interim co-CEOs while searching for a permanent successor. |
November 1 2024 | Intel was announced to be dropping out of the Dow Jones Industrial Average, with Nvidia taking its place on November 8. |
September 2024 | Intel reportedly qualified for up to $3.5 billion in federal grants from the U.S. Department of Defense to manufacture semiconductors for defense purposes. |
August 2024 | After posting $1.6 billion in losses for Q2, Intel announced plans to cut 15,000 jobs and save $10 billion in 2025, offering early retirement and voluntary departure options. |
June 2024 | Intel announced the cancellation of development for a $25 billion factory in Kiryat Gat, Israel, which was originally set to receive $3.2 billion in government grants. |
June 4 2024 | Intel announced AI chips for data centers, the Xeon 6 processor, aiming for better performance and power efficiency. |
2023 | Intel announced they will remove the 'i' from processor markings, changing names like Core i9 to Core 9, and introducing 'Ultra' for high-end processors such as Core Ultra 9. |
2023 | Dell accounted for approximately 19% of Intel's total revenues, highlighting a significant customer relationship. |
December 2023 | Intel unveiled Gaudi3, an artificial intelligence (AI) chip for generative AI software, set to launch in 2024. |
October 2023 | Intel confirmed it would be the first commercial user of high-NA EUV lithography tool to regain process leadership. |
October 2023 | Intel announced plans to spin off its Programmable Solutions Group (PSG) into a separate company at the start of 2024, while maintaining majority ownership. |
September 2023 | Intel was re-imposed with a reduced fine of €376.36 million in the ongoing antitrust dispute with the European Commission. |
January 31 2023 | Intel announced $3 billion in cost reductions, including pay cuts for employees above midlevel, suspension of bonuses, and reduction of retirement plan matching. |
2022 | Significant financial downturn with revenue dropping to $63.0 billion and net profit falling to $8.0 billion. |
2022 | The original €1.06 billion fine against Intel was dropped. |
2022 | Intel announced plans to drop the Pentium and Celeron naming schemes for desktop and laptop entry-level processors, replacing them with 'Intel Processor' branding starting in 2023. |
August 2022 | Intel signed a $30 billion partnership with Brookfield Asset Management to fund factory expansions, with Intel holding a 51% controlling stake in new chip-making facilities. |
July 2022 | In its Q2 earnings report, Intel disclosed it would cease future product development within its Optane business, effectively discontinuing the development of 3D XPoint technology. |
May 2022 | Intel acquired Finnish graphics technology firm Siru Innovations, founded by ex-AMD Qualcomm mobile GPU engineers. |
May 2022 | Intel and Ericsson launched a technology hub in California to research and develop cloud RAN technology. |
March 2022 | Intel stopped supplying the Russian market due to international sanctions during the Russo-Ukrainian War. |
February 2022 | Intel agreed to acquire Israeli chip manufacturer Tower Semiconductor for $5.4 billion, but terminated the acquisition in August 2023 due to lack of Chinese regulatory approval. |
January 2022 | Intel selected New Albany, Ohio, as the site for a major new $20 billion manufacturing facility, with chip production expected to begin by 2025. |
2021 | Under new CEO Pat Gelsinger, Intel reversed previous job cuts and began hiring thousands of engineers. |
2021 | Intel introduced the 12th-generation Intel Core processors (Alder Lake), unifying desktop and mobile products under a single process node using Intel 7 (10 nm) and implementing a hybrid architecture with high-performance Golden Cove and high-efficiency Gracemont cores. |
2021 | SK Hynix acquired most of Intel's NAND memory business for $7 billion, with an additional $2 billion transaction expected in 2025. Intel also discontinued its consumer Optane products. |
December 2021 | Intel announced a $7.1 billion investment to build a new chip-packaging and testing factory in Malaysia, creating over 9,000 jobs. |
December 2021 | Intel announced plans to take Mobileye automotive unit public via an IPO in 2022 while maintaining majority ownership. |
December 2021 | Intel's total CO2e emissions increased to 3,274 kilotonnes, continuing an upward trend in greenhouse gas emissions. |
November 2021 | Intel recruited employees from Centaur Technology division of VIA Technologies in a $125 million deal, acquiring x86 division talent and knowhow. |
March 30 2021 | Intel released 11th-generation Core desktop processors (Rocket Lake), fabricated using the 14 nm process and based on the Cypress Cove microarchitecture, replacing Comet Lake desktop processors. |
March 23 2021 | CEO Pat Gelsinger unveiled the IDM 2.0 strategy, which includes investments in manufacturing facilities, use of internal and external foundries, and the creation of Intel Foundry Services (IFS). |
January 13 2021 | Intel announces Pat Gelsinger will replace Bob Swan as CEO, effective February 15. |
2020 | Intel was reinstated to the Fortune 500 list, ranking 45th and becoming the 7th-largest technology company in the ranking. |
2020 | Intel underwent a rebranding and introduced new jingle variants while retaining the mainstream 2006 version. |
2020 | Intel reaches revenue of $77.8 billion during the COVID-19 pandemic, maintaining steady employee count at 110,000. |
2020 | Intel established a baseline commitment to reduce carbon emissions by 10% by 2030, using 2020 as the reference year. |
2020 | Intel continued using the Skylake microarchitecture with ongoing optimizations, marking a prolonged period of processor development stagnation due to manufacturing challenges. |
2020 | Intel reported its revenue breakdown, showing Client Computing Group generating 51.8% of revenues, Data Center Group at 33.7%, Internet of Things Group at 5.2%, and Programmable Solutions Group at 2.4%. |
2020 | Intel introduces Intel One typeface as part of a new visual identity, replacing Intel Clear in most branding while still using Intel Clear alongside it. Intel One replaces Neo Sans Intel in the logo. |
December 31 2020 | Intel reported total CO2e emissions for the twelve months at 2,882 kilotonnes, representing a 3.4% year-over-year increase. |
November 2020 | Apple unveils the M1, its custom-designed processor for Mac computers, signaling the end of its Intel processor era. |
September 2020 | Intel launched the 11th-generation Core mobile processors codenamed Tiger Lake, based on the Willow Cove microarchitecture and a refined 10 nm node. |
September 2 2020 | Intel unveiled its third logo, removing the previous swirl and changing the color palette, while maintaining a connection to its earlier logo designs. |
June 22 2020 | Tim Cook announces Apple's plan to transition from Intel CPUs to custom Apple-designed Arm architecture processors over the next two years during the annual WWDC. |
2019 | Intel returned to its former position as the biggest semiconductor chip maker by revenue. |
2019 | Intel released Agilex FPGAs, targeting data centers, 5G applications, and other specialized uses. |
September 2019 | Intel finally introduced mass-produced 10 nm 10th-generation Intel Core mobile processors (codenamed 'Ice Lake') after multiple delays in their 10 nm process node development. |
We are only showing the most recent entries for this topic. |
This contents of the box above is based on material from the Wikipedia article Intel, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.